News

The entire world, including the Bitcoin industry, has been ravaged by the coronavirus outbreak over the past few weeks; indeed, to mitigate the spread of COVID-19, authorities have been forced to enact emergency measures, thereby shutting down thousands of businesses and resulting in millions laid off around the world. In short: the economic impact has […]

Bitmain, the world’s largest mining hardware manufacturer, has announced the launch of a new series of ASIC miners, the Antminer S19. However, Bitmain has been heavily criticized as it set the delivery date for the sold-out series for May 11, a day after the scheduled Bitcoin halvening. Bitmain’s new miner series sells out in a […]

On-chain metrics reveal that demand for Kyber Network is surging expotentially amid a major protocol upgrade that will occur later this year. Staking is on the horizon Kyber Network is an on–chain liquidity protocol that allows users to swap tokens in any decentralized application. The protocol has been dominating the headlines after the significant price […]

The Federal Reserve is taking a stronger approach than it did during the 2008 financial crisis to slow down the downtrend of the U.S. economy. The crypto market has been rallying in tandem with U.S. stock market futures, reducing fear in the market for the first time since early March. The Fed will be able […]

A prominent trader known as PentarhUdi accurately called the drop from $10,000 to sub-$6,000 and has called many full Bitcoin market cycles in the past several years, believes BTC is headed to up to $8,500. When the Bitcoin price initially hit $5,200, the trader said that the dominant cryptocurrency is likely to move towards the […]

Even after the crypto market’s hefty recovery over the past week, Ethereum remains far below the values it was trading at just a month earlier. In fact, ETH trades at $134 as of the time of this article’s writing — 55 percent below the 2020 highs it reached in February. Despite this strong downturn, which […]

It’s no secret that 2020 has been a rough year for the world, kicking off with raging fires in Australia and heightened political tensions within the Middle East, followed by the rise of a deadly virus that has put the world economy on the brink of a recession, also causing nascent markets like crypto to […]

Cryptocurrency investors have been greatly disappointed by Bitcoin over the past few weeks, with its lackluster price action seeming to invalidate the safe haven narrative that many investors had previously bought into. BTC’s close correlation to the traditional equities market is, however, showing some signs of breaking, with this potential decoupling coming about after the […]

BitMEX recently suffered an attack that resulted in $1.2 billion in liquidations. Despite the significant amount of money that its users lost, data reveals that the platform is still susceptible to market manipulation. BitMEX’s roll in the crypto derivatives market BitMEX is one the biggest and most liquid Bitcoin and crypto-asset derivatives trading platforms around […]

The Bitcoin price increased from $5,850 to $6,640 on major cryptocurrency exchanges in a 13 percent rally within an hour. But, top traders are convinced it is a fake-out before a bearish continuation. The abrupt spike in the Bitcoin price coincided with the Federal Reserve’s aggressive fiscal policy and its decision to acquire as many […]